Credit can be a valuable tool for reaching major life goals like going to college, buying a home, or starting a business. But other times, debt can pile up faster than you realize. Suddenly, those fun splurge items and vacations seem to stay stuck on your credit cards – with interest accumulating every month.

Ah, sweet freedom. If you’re about to head to college for the first time, then you’re probably already getting excited about the idea of being out on your own. You’ve got so much to look forward to, but your new adventure comes with greater responsibilities, too – especially where money is concerned. Budgeting for college students isn’t easy, but it’s worth the effort. Creating a budget now can help keep you from racking up unnecessary debt as well as save for future goals (spring break, anyone?).

If you’re like most new retirees, you probably have a wish list of things you look forward to doing in your free time. Travel. Visit with your grandkids. Do more volunteering. It’s a great time in your life, but it’s also a big transition financially, as you move from relying on employment income to living on your retirement savings. With this in mind, we’ve put together another important list for you: four essential retirement tips that can help you ease into your next chapter.Read more…

About two years ago, we noted in a blog post that the banking lobby was asking Congress to repeal the federal corporate income tax exemption for credit unions. Fortunately, that repeal didn’t come to pass, although even last year, Congress was still mulling over including it as part of comprehensive tax reform.

Unexpected expenses may leave some folks scrambling to get their hands on fast cash, but before you sign up for a payday loan, it’s important to first consider a much better option: a personal loan. Taking out a personal loan from a credit union will leave you with more money in your wallet and far fewer fees to pay.

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